https://www.taxtmi.com/acts?id=37324 Penalty is attracted where an instrument has been obtained by fraud, collusion, wilful misstatement, or suppression of facts and is used for discharging duty. The person to whom the instrument was issued is liable to penalty not exceeding the face value of the instrument. The term instrument takes the meaning assigned in the linked customs provision. en-us Sat, 03 Aug 2019 19:00:47 +0530 Tue, 26 May 2026 16:52:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37324 Penalty is attracted where an instrument has been obtained by fraud, collusion, wilful misstatement, or suppression of facts and is used for discharging duty. The person to whom the instrument was issued is liable to penalty not exceeding the face value of the instrument. The term instrument takes the meaning assigned in the linked customs provision. Act-Rules Customs Sat, 03 Aug 2019 19:00:47 +0530 https://www.taxtmi.com/acts?id=37324